Articles

Practical Concerns of Selling a Business

Posted on March 14th, 2017

Selling a business is a complex and emotionally taxing process involving many hours of data gathering, meetings, information exchange, financial questions, legal questions and intense negotiations. Every day, small business owners make mistakes w...

Contracts and Business Decisions

Posted on January 20th, 2017

Solid contracts are the foundation of any business transaction. Resolving contract disputes can be very time consuming and expensive. Here are some steps you can take to try and avoid misunderstandings. Document business agreements in writing. Verb...

Starting a Business: Key Considerations Forming an Entity

Posted on December 13th, 2016

Congratulations on your decision to start a new business! Getting a new business up and running requires time, dedication and resources. Here are some important decisions you need to make: Structure. Determine the legal structure of your business...

Selling a Business – Start the Process Now! Part 1: Strategy

Posted on December 13th, 2016

This article is Part 1 of a 2-part series focusing on selling a business. Sales of business are strong! In recent years, privately owned business account for almost 70% of these transactions. Most business owners do not have prior experience selling ...

Selling a Business – Start the Process Now! Part 2: Position Your Business for Sale

Posted on December 13th, 2016

This article is Part 2 of a 2-part series focusing on selling a business. While sales of businesses are strong, it is estimated that well over a majority of the businesses listed for sale do not close! The first step is to understand how much time an...

Moving Your Business to Texas

Posted on December 13th, 2016

Welcome to Texas! Sole proprietorships and partnerships can move easily. Usually all that is required is to file an assumed name certificate or d/b/a (“doing business as”) in Texas. Moving an entity, such as a corporation or a limited liability c...